ai4bharat/Pralekha huggingface dataset:
Ministry of Corporate Affairs
MCA issues circular to remove doubts/ambiguities in “appointed date” and “acquisition date” with respect to mergers/amalgamations
Ministry of Corporate Affairs has issued a circular today clarifying the import of section 232 of the Companies Act, 2013, which deals with the requirement of indicating an “appointed date” in the scheme of mergers and amalgamations, which would also be the effective date of the merger/amalgamation coming into force.
A view was being taken in some quarters that the “appointed date” in the scheme need always be a definite calendar date, which led to difficulties for companies intending to give effect to their merger at a future/event-linked date, based on business considerations, fulfilling legal requirements such as procurement of license from sectoral regulators, etc. Besides this, IndAS 103 , which deals with the accounting treatment, uses the expression “acquisition date”, as a date when the acquirer takes control of the acquiree, also required clarification.
The circular clarifies that the companies may choose the “appointed date” of the merger/amalgamation based on occurrence of an event, which is relevant to the merger between companies. This would allow the companies concerned to function independently till such event is actually materialised. The circular further clarifies that the term “appointed date” used in section 232 shall be deemed to be the “acquisition date” for the purpose of conforming to IndAS 103 standard dealing with business combinations.
This clarification would lead to harmonisation of practices in ascertaining the “appointed date” of merger/amalgamation and provide due clarity on the accounting treatment, thereby allowing stakeholders to align the “appointed date” of merger/amalgamation in accordance with their business considerations or legal requirements. This would also contribute significantly in the ease of Doing Business.
Ministry of Micro,Small & Medium Enterprises
MITIGATING SKILL DEFICIENCIES AMONG MSMEs
The Ministry of Micro Small and Medium Enterprises, MSME is implementing various schemes and programmes to cater to the skilling needs of MSMEs in the country including the State of Odisha. The schemes and programmes, inter alia, include Tool Rooms and Technical Institutions scheme, Technology Centre Systems Programme, Assistance to Training Institutions scheme, National Scheduled Caste and Scheduled Tribe Hub scheme, Coir Vikas Yojana, Entrepreneurship Skill Development Scheme, A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship, etc. under which various types of training programmes are conducted for skilling of youth and re-skilling of already employed manpower.
The Ministry of MSME has set up one Tool Room and Technical Institution, namely, the Central Tool Room and Training Centre , Bhubaneswar and its Extension Centres  in the State of Odisha to promote technology adoption among MSMEs. These Centres conduct various skill development training programmes based on the provision of well structured modular, hands on practically oriented, training for the educated youth and technicians of industries. All courses are regularly updated to keep abreast with global technological advances for smooth assimilation into the digital ecosystem. This Ministry also conducts various training programmes for skill/entrepreneurship development through Khadi and Village Industries Commission, National Small Industries Corporation, Coir Board and National Institute for Micro, Small and Medium Enterprises and field offices of Development Commissioner, MSME.
These Centres work in close association with the local industry associations and academic institutions. CTTC, Bhubaneswar has constituted MSME industry consortium with local industry and signed MOUs with various institutions. National Institute for Micro, Medium and Small Enterprises, Hyderabad has collaborated with CSIR-Institute of Minerals and Material Technology and ASBM University at Bhubaneswar to conduct Advanced Management Development Programmes.
This information was given by Minister of State for Micro Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply to the Rajya Sabha today.
Ministry of Defence
73rd Army Day celebrated
Indian Army celebrated its 73rd Army Day today. Every year Indian Army celebrates 15th January as ‘Army Day’ to commemorate the day when General  K M Carriappa took over the command of Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Commander-in-Chief of Indian Army post Independence.
The celebrations commenced with wreath laying ceremony at National War Memorial where CDS Gen Bipin Rawat and the three Service Chiefs paid homage to the Martyrs.
General MM Naravane, Chief of the Army Staff reviewed the Army Day Parade at the Cariappa Parade Ground, Delhi Cantonment and awarded 15 Sena Medals  for individual acts of Gallantry and 23 COAS Unit Citations for commendable performance of their respective units. The Army Day parade was commanded by Maj Gen Alok Kaker, Chief of Staff, Delhi Area. The leading contingent of the parade was formed of the recipients of the Param Vir Chakra and Ashok Chakra awardees. This was followed by army contingents which included T-90 tank BHISHMA, infantry combat vehicle BMP II, BRAHMOS missile system, PINAKA Multiple Launch Rocket System, upgraded SCHILKA Gun System, Bridge Layer Tank, international sports awardees and seven marching contingents including mounted horse cavalry.
The Indian Army also carried out a live demonstration of Drone Swarming capability using 75 indigenously designed and developed drones which executed an array of Artificial Intelligence  enabled simulated offensive missions and close support tasks.
Cabinet
Cabinet apprised about MoU for cooperation on youth matters between India and Morocco
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, was apprised about an MoUsigned in February, 2019 on youth matters between India and Morocco.
The objective of the MoU is to strengthen and encourage cooperation between the two countries on youth matters through participation in events and activities, information and knowledge sharing and youth exchanges.
The areas of cooperation on Youth matters include:
- organisation of youth programmes;
- exchange of invitations to international conferences and seminars;
- exchange of printed materials, films, experiences, research and other information;
- participation in youth camps, youth festivals and other cooperative youth events.
The MoU also mentions that from the year 2019, both countries will annually exchange 20-member Youth delegations for a period not exceeding ten days.
Ministry of Personnel, Public Grievances & Pensions
Second Meeting of Search Committee for recommending panel of names for Chairperson and Members of Lokpal held today
Committee takes note of the applications/nominations received in response to its advertisement
The Second Meeting of the Search Committee for recommending the panel of names for Chairperson and Members of Lokpal was held here today . All the Members of the Search Committee were present during the meeting.
The Committee took note of the applications/nominations received in response to its Advertisement dated 6th February 2019. The Committee also took note of earlier applications received during the term of previous Search Committee and decided that as the term of the earlier Committee had ended, these applications are not valid. Interested persons may apply afresh if they are eligible.
The Committee decided to hold its next meeting on 25th February 2019.
Ministry of Corporate Affairs
MCA & CBIC sign MoU for exchange of data for enhancing Ease of Doing Business in India and improve overall regulatory enforcement
The Ministry of Corporate Affairs  and Central Board of Indirect Taxes and Customs , Ministry of Finance, here today signed a Memorandum of Understanding  for data exchange between the two organisations. The MoU was signed by Shri Manoj Pandey, Joint Secretary, MCA, and Shri B. B. Gupta, ADG, CBIC, in the presence of Shri Rajesh Verma, Secretary, MCA and Shri M. Ajit Kumar, Chairman, CBIC.
The MoU is in line with the vision of MCA and CBIC to harness data capabilities to ensure effective enforcement. Both the organisations are going to benefit from access to each other’s databases which include details of import-export transactions and consolidated financial statements of companies registered in the country. The data sharing arrangement gains significance in light of development of MCA21 Version 3 which will utilise state of the art technology for enhancing ease of doing business in India and improve the regulatory enforcement and similar steps by CBIC like the launch of ADVAIT  a 360-degree taxpayer profiling tool. AI/ML, data analytics will play a critical role in achieving this synergy.
The MoU will facilitate the sharing of data and information between MCA and CBIC on an automatic and regular basis. It will enable sharing of specific information such as details of Bill of Entry , Shipping Bill  Summary from CBIC and financial statements filed with the Registrar by corporates, returns of allotment of shares. The MoU will ensure that both MCA and CBIC have seamless linkage for regulatory purposes. In addition to regular exchange of data, MCA and CBIC will also exchange with each other, on request, any information available in their respective databases, for the purpose of carrying out scrutiny, inspection, investigation and prosecution.
Technology and data will play a critical role going forward in fulfilling the Government’s vision of minimum government, maximum governance and both MCA and CBIC are well placed to fulfill this vision.
The MoU comes into force from the date it was signed and is an ongoing initiative of MCA and CBIC, who are already collaborating through various existing mechanisms. A Data Exchange Steering Group also has been constituted for the initiative, which will meet periodically to review the data exchange status and take steps to further improve the effectiveness of the data sharing mechanism.
The MoU marks the beginning of a new era of cooperation and synergy between the two organisations.
Ministry of Electronics & IT
Union Cabinet approves expansion of the Digital India programme with an outlay of ₹ 14,903 crore
Digital India programme was launched on 1st July, 2015 to enable digital delivery of services to citizens. It has proved to be a very successful program.
The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi, today approved the expansion of the Digital India programme. The total outlay is ₹14,903 crores.
This would enable the following:
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- 6.25 lakh IT professionals will be re-skilled and up-skilled under the FutureSkills Prime Programme;
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- 2.65 lakh persons will be trained in information security under the Information Security & Education Awareness Phase  Programme;
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- 540 additional services will be available under the Unified Mobile Application for New-age Governance  app/ platform. At present over 1,700 services are already available on UMANG;
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- 9 more supercomputers will be added under National Super Computer Mission. This is in addition to 18 supercomputers already deployed;
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- Bhashini, the AI-enabled multi-language translation tool  will be rolled out in all 22 schedule 8 languages;
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- Modernisation of the National Knowledge Network  which connects 1,787 educational institutions;
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- Digital document verification facility under DigiLocker will now be available to MSMEs and other organisations;
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- 1,200 startups will be supported in Tier 2/3 cities;
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- 3 Centres of Excellence in Artificial Intelligence on health, agriculture and sustainable cities will be set up;
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- Cyber-awareness courses for 12 crores college students;
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- New initiatives in the area of cyber security including development of tools and integration of more than 200 sites with National Cyber Coordination Centre
- Today’s announcement will give a boost to the digital economy of India, drive digital access to services and support India’s IT and electronics ecosystem.
Ministry of Tribal Affairs
Tribal products showcased at ‘Solstice for Times Square 2021’, an event organised for International Day Of Yoga at New York
As a part of celebrations of International Day of Yoga , the Consulate General of India in New York organized a day-long event to showcase Yoga, holistic health, Ayurveda and wellness at New York’s Times Square. Attended by over 3000 people, the event at the iconic location in New York was a key attraction.
A particular attraction were the stalls on display which showcased unique natural tribal products including immunity boosters, and Ayurvedic products.The stall put up by Tribes India garnered a lot of attention. It included a range of tribal products, comprising both organic, essential natural immunity-boosting productssuch as millets, rice, spices, honey, chyawanprash, amla, ashwagandha powders, herbal teas and coffee and accessories such as yoga mats, wind flutes, herbal soaps, bamboo aromatic candles etc.The stalls also saw a largefootfall and a lot of interest was expressed in knowing about the uniqueness of Indian tribes and tribal products.
As a part of its mission to promote tribal products and connect tribal entrepreneurs access to larger national and international markets, TRIFED had collaborated with the Consulate General Of India in New York to explore this channel for popularizing ethnic products in the United States of America. Following the success of this event, further avenues are also being explored which will help give tribals a chance to display their unique range of products to a larger international audience.
Some potential opportunities being explored are the inclusion of Tribes India products in the gifting product list of the Consulate General of India New York Office; possibility of tie-up of Cultural and Innovation Centres in the USA with TRIBES INDIA; and potential opportunities of working together for Sustainable Living Projects in the East and West Coast, to name a few.
Prime Minister's Office
PM congratulates Shivani, Anju, Divya, Radhika and Nisha for winning medals at Wrestling Championships in Belgrade
The Prime Minister, Shri Narendra Modi has congratulated Shivani, Anju, Divya, Radhika and Nisha for winning medals at the Wrestling Championships in Belgrade.
In a tweet, the Prime Minister said;
"Congratulations to Shivani, Anju, Divya, Radhika and Nisha for winning medals at the Wrestling Championships in Belgrade. Their performance is special and will contribute to wrestling becoming even more popular across India."
Ministry of Finance
Government divests 2.52 % of paid-up capital in National Mineral Development Corporation
Issue gets over-subscribed by three times the base issue size
Government has successfully divested 2.52 % of paid-up capital in National Mineral Development Corporation  for an amount of Rs. 1200 crore approx.  through Offer for sale  mechanism.
Originally, the disinvestment in NMDC OFS was pegged at basic issue size of 1.5% of paid-up capital at floor price of Rs.153.50 per share. The issue got over-subscribed by three times the base issue size.
To encourage retail participation, a discount of 5% on the cut off price was offered to retail investors. The retail portion has been over-subscribed by 439.64%.
The issue has attracted investments from foreign investors and Domestic institutional investors and mutual funds.
With this transaction, the Government of India shareholding in NMDC has come down from 74.94% to 72.42%.
Prime Minister's Office
PM appreciates IPPB for conducting India’s First Floating Financial Literacy Camp in Dal Lake
The Prime Minister, Shri Narendra Modi has appreciated IPPB for conducting India’s First Floating Financial Literacy Camp in Dal Lake of Srinagar, Jammu & Kashmir under Niveshak Didi.
In response to a tweet by India Post Payments Bank , the Prime Minister said;
"Wonderful initiative which will further women empowerment!"
Ministry of Defence
83rd Raising Day of the Corps of Military Police
Pune, 18 October 2022
The Corps of Military Police, an epitome of discipline and character, be it in war or peace, having completed 82 years of yeoman service celebrated their 83rd Raising Day on 18 October 2022.
The force has proved its worth in all the wars fought by India both pre and post-independence. Be it guidance to advancing force, management of Prisoner of War Camps, traffic management, various ceremonial activities and piloting the VIP convoys during peace, the force has evolved from strength to strength. The Corps has been the very first to induct women soldiers in the Army. The women soldiers will prove to be professionally competent members of the Corps and their professional performance will be a benchmark for their future employment in the Indian Army. The personnel of the Corps have risen admirably to all challenges in the past and they will continue to perform professionally in the future as well.
The Corps has been rendering invaluable service in the upkeep of good order and military discipline and strengthening the moral fabric of the Army. It has closely monitored the changing social dynamics impacting the organization and works towards finding pragmatic solutions to maintain optimal standards of discipline, continued reverence of the rich cultural ethos of the Army and an enviable internal health of the organization. The Corps has proven their motto of “Seva Tatha Sahayata” while performing their duties both in peace and operational areas.
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Ministry of Railways
RailTel Corporation of India Ltd post net profit of Rs.110 crore during 2018-19
RailTel Corporation of India Ltd a body behind transforming Railway stations into Digital hubs by providing public Wi-Fi at major Railway stations held its 19th Annual General Meeting today. Currently 4900+stations are live with RailTel’s RailWire Wi-Fi.
RailTel has achieved a turnover of Rs.1017 crore and posted a Profit before Tax amounting to Rs. 179 crore and net profit of Rs.110 crore during 2018-19 on standalone basis.
Total dividend payout for the FY 2018-19 would be Rs.64.20 crore  which is 58.36% of PAT as approved by the shareholders in the AGM.
Chairman and Managing Director Shri Puneet Chawla, addressing stakeholders gave these details and apprised them of the latest developments and future plans of the company.
RailTel Corporation is a "Mini Ratna " PSU. It is one of the largest neutral telecom services providers in the country owning a Pan-India optic fiber network covering all important towns & cities of the country and several rural areas. Along with a strong a reliable network of 52000+ RKM of Optic fibre RailTel has two tier III data centers as well, RailTel is at the forefront of providing nationwide Broadband Telecom & Multimedia Network in all parts of the country in addition to modernization of Train operations and administration of network systems for Indian Railways. With its Pan India high capacity network, RailTel is working towards creating knowledge society at various fronts and has been selected for implementation of various mission-mode Govt. of India projects in the telecom field. RailTel offers a bundle of services like, MPLS-VPN, Telepresence, Leased line, Tower Co-location, Data center services etc,.
Ministry of Parliamentary Affairs
Lok Sabha Speaker, Shri Om Birla said that the legislative, executive and judiciary wingsshould all fulfil their responsibilities to build a New India.
The Lok SabhaSpeaker, Shri Om Birla said that the legislative, executive and judiciary wingsshould all fulfil their responsibility to bring a change and give direction to build a New India. He was speaking after inaugurating an Orientation Course on Parliamentary Practices and Procedures for - IAS officers of 2017 Batch in New Delhi today.Shri Om Birlaadvisedthe officers to move ahead with an open mind to do justice to the people in an impartial manner.
Parliamentary Affairs Minister ShriPralhad Joshi speaking on the occasion said the officers selected through a fair competition and they the Members of Parliament are in their position today only because of a democratic system. He advised the officers to think of thelast personof the society, as they perform their duties.
Minister of State for Parliamentary Affairs Shri Arjun Ram Meghwal said that as part of the Executive wing of democratic system they should be responsible to the people.
Minister of State for Parliamentary AffairsShri V. Muraleedharan, said the officers should make every effort to build a New India.
The concluding session of the course was addressed by the Secretary of the Ministry Information& Broadcasting, Shri Amit Khare. He advised the officers to be accurate as they would provide information to Parliament / Legislatures. He said officers shoulddefinitely do what they think and feel to be a right thing. Secretary, Ministry of Parliamentary Affairs Shri Surendra Nath Tripathi advised the officers to be always available to the people as they are really to be at their service in a humble manner
Two technical sessions wereorganized as a part of this Orientation Course by the Parliamentary Affairs Ministry –one on the Parliamentary Practices and Proceduresand the second on National E-Vidhan Project, popularly known as NeVA. This Short Course is aimed at enhancing the knowledge and experience of these young officers on Parliamentary practices.
Later, these officers had also watched the proceedings of the Lok Sabha.KSP
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President's Secretariat
President of India unveils statue of Mahatma Gandhi at Dakshina Bharat Hindi Prachar Sabha, Chennai; says learning language of another state helps individuals as well as the country
The President of India, Shri Ram Nath Kovind, unveiled a statue of Mahatma Gandhi at the Dakshina Bharat Hindi Prachar Sabha in Chennai today .
Delivering a speech in three languages – Tamil, English and Hindi - on the occasion, the President said that it is a matter of immense happiness that the Dakshina Bharat Hindi Prachar Sabha, founded by Mahatma Gandhi, has completed 100 years. It has worked for the promotion of Hindi in our southern states. By putting up a statue of Mahatma Gandhi, the Sabha has paid respects to the Father of the Nation in his 150th year.
The President said that learning the language of another region or another state can be very educative. It can open a window to a culture that is at once familiar and new. In Delhi, he had observed cases of north Indian school-children learning Tamil. He said that twinning programmes between different states are popularising the language of one region in another. Such steps reinforce national harmony.
The President said that during our freedom movement, the poetry of Subramania Bharati inspired not just people in Tamil Nadu but all over the country. In the same manner, the liberating ideas of Periyar– one of our foremost advocates of human dignity – were not limited by language or geography. He also recalled that two of his predecessors in Rashtrapati Bhavan, Chakravarti Rajagopalachari, who was our last Governor-General, and President R. Venkataraman, were multilingual intellectuals from Tamil Nadu whose contributions and ideas went beyond any one language or region.
The President said that there is a practical benefit to learning languages of other states. We live in an age when a growing Indian economy is leading to significant internal migration. Young men and women from one part of the country are studying or working and adding value to another part of the country. In such cases, knowing the language of the state or region one is located in can only be an asset. It adds value to an individual’s CV – and it adds value to India.